On 2 May, Niger's parliament voted to nationalise telecoms asset Sonitel, pulling back from a privatisation agreement to sell a 51% stake to LAP Green for $62.16m.
In January, Zambia's President seized a 75% stake in telecoms company Zamtel that LAP Green had purchased for $257m during a privatisation in 2010.
LAP Green is challenging the government's actions in court and asking for $480m in compensation.
LAP Green's $200m investment in Uganda Telecom was returned to the control of Libyan subsidiary UCOM, with chairman Wafik Al-Shater acknowledging the support of Ugandan President Yoweri Museveni in recovering the company's 69% stake.
Other debts in Uganda are keeping asset recovery in limbo, such as the 49% stake in the National Housing and Construction Company, controlled by the Libyan Arab Foreign Investment Company (LAFICO).
In February, a court ruled in favour of Ugandan MP and businessman Hajji Mohamed Mbabaali, who claimed the Libyan investors owed him $9.5m. The ruling prohibited LAFICO from transferring or receiving dividends from its shareholding.
(Source: Libya Herald)